rug pull News

BaseBros Fi, a decentralized finance yield optimization protocol built on the Base blockchain, has vanished, presumably rug-pulling its investors. According to ChainAudits, the project abruptly disappeared on September 13, deleting its website and all social media accounts on platforms like…

Monkey Pox, a new crypto token that more than doubled in value on Wednesday, Aug. 5, has since erased all its gains amid concerns over market manipulation. Monkey Pox (POX) dropped to a low of $0.0355, down 68% from its…

Donald Trump’s second son debunked any connections between the Trump family and a viral token dubbed “Restore The Republic.” Another day, another rug pull. One Restore The Republic (RTR) token, rumored to be Trump’s official cryptocurrency, left speculative investors gasping…

Crypto market maker Gotbit came under fire after selling $4 million worth of WATER tokens, which intensified the token’s 70% price drop. Market maker Gotbit, founded by Russian trader Alexey Andryunin, was identified as one of the entities responsible for…

Pop singer Jason Derulo has found himself in hot water after promoting a meme coin that rapidly lost its value, igniting discussions about the role of celebrities in high-risk financial endorsements. These incidents not only lead to monetary losses but…

The WeCare Foundation is looking to help the victims of Sahil Arora, the alleged mastermind behind a plethora of pump and dumps over the past week. According to the foundation’s CEO, Saad Kassis Mohamed, the organization will legally and financially…

Nigerian singer Davido the latest celebrity to be involved in a rug-pull masterminded by Sahil Arora, an Indian national allegedly responsible for a number of other recent pump and dumps. With over 15.3 million followers on X and 7.9 million…

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino.

The developers of the ZKasino project presented a DAO management model for ZKAS token holders.

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall…

The CONDOM meme coin team on the Solana network collected 4,965 SOL as part of the coin's presale and deleted its X page.

The URF meme coin team committed a rug pull and disappeared with 2,400 SOL collected during the coin's presale.

ONI, the utility token of Anonify, has experienced a dramatic decline, dropping over 90% in the past few weeks, contrasting sharply with the cryptocurrency markets, which have seen a notable increase in prices recently, with Bitcoin reaching new highs. The…

The Lena Network's CANDY token lost over 95% of its value today following a rug pull of 753 Ether, or approximately $2.9 million.

The Blast network's layer 2 solution built for Ethereum went dark shortly after funds were siphoned off. Here are the details.

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon. According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure…